I have cleared $me and forgot about the magiceden team by blocking it.
But when I saw Magiceden's S2 end announcement, I still felt that it was too rogue.
Median staking return: 73% (3.5 months)
Median fee return: 2.5 times
Wash trading only affects 20-50 wallets with obvious malicious intent and has no effect on most users. "
1. The staking return is not the amount of coins you stake, nor the value of the pledge. It's the number of trades you make during the season.
2. Encourage brushing transactions, but also backwash transactions, which really makes you understand. Who doesn't know how many real trading volumes there are?
3. Infinitely reducing the weight of pledge is equivalent to pledged as a prisoner. Where is the prison?
4. The community governance behind it is on the one hand, and on the other hand, it is controlled by itself. The amount of community pledge is less than 10% compared to other shares. There is no right to speak.
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